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Author Topic: Romney and Obama compare campaign fundraising sizes  (Read 160 times)
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CeeKay
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« on: June 07, 2012, 06:30:05 PM »

http://firstread.msnbc.msn.com/_news/2012/06/07/12105658-team-romney-rnc-announce-raising-nearly-77-million-in-may?lite

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Just hours after the Obama campaign announced that it, the Democratic National Committee, and other Obama-related committees had raked in $60 million in May, Team Romney said they one-upped them.

Their Romney campaign/Republican National Committee haul: $76.8 million. They also reported having a combined $107 million in the bank for all of their committees.

“We are encouraged by the financial support from a broad range of voters," Romney Victory National Finance Chairman Spencer Zwick said in a statement. "Voters are making an investment because they believe that it will benefit the country.”

But if the financial reports from April are any indication, much of that nearly $77 million is coming in the form of big five-figure checks from large donors.

Around this same time last month, the Romney camp and RNC reported raising a combined $40 million. But when we saw the actual Federal Election Committee filings, it was $11.7 million for the campaign, $11.4 million for the RNC, and the rest -- $17 million -- for the Romney Victory Fund.

of course it's not the size that counts, it's how you use it.

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Ironrod
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« Reply #1 on: June 07, 2012, 07:46:31 PM »

On a related note, Obama is the favorite of small donors.

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As of the end of April, 43 percent of the donors who contributed to the Obama campaign gave $200 or less, generating a total of $88.5 million, according to the Campaign Finance Institute, a nonpartisan Washington research group. By contrast, only 10 percent of those who gave to former governor Mitt Romney’s campaign had made donations of $200 or less, accounting for $9.8 million.

News flash: The rich back Republicans!  eek

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leo8877
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« Reply #2 on: June 07, 2012, 10:01:48 PM »

It's amazing how much money is wasted on politics when it could actually help in a billion other ways.
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Isgrimnur
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« Reply #3 on: June 08, 2012, 02:29:34 AM »

The people in ad production, power suits and red tie production and sales, flyer printing and big sign production want you to bite your tongue.
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